Russia, helped by rouble retreat, tightens grip on Egyptian wheat orders

09.11.2017

Russia extended into a third month its clean sweep in orders from top wheat buyer Gasc, amid a retreat in offer prices, undermined by weakness in the rouble, and “increased competition” on international markets.

Gasc, the grain authority for Egypt, the world’s top wheat-importing country, bought 120,000 tonnes of wheat, taking...